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The Senate voted in favor of advancing the bipartisan infrastructure package deal, seen as a political victory for President Joe Biden’s Build Back Better Agenda. The nearly $1 trillion Infrastructure Bill was passed Wednesday by a 67-32 vote, winning the support of 17 Republican Senators, setting the stage for a debate in the upper chamber. “We are proud to announce […]
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Market experts say buoyed by returns from recent IPOs, retail investors are now subscribing to all offers being launched. The last four firms to list have seen gains of 65-113% on the first day. Retail investors—those investing up to Rs 200,000—lapped up all the four initial public offerings (IPOs) that opened for subscription on Wednesday. This is the first time […]
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European stocks traded higher Thursday, with dovish comments by Federal Reserve on interest rates and a slew of upbeat earnings updates boosting sentiment. Following the Fed’s slightly hawkish monetary policy announcement, Fed Chair Jerome Powell noted that the U.S. is not at a point where the Fed could start to taper. The pan European Stoxx 600 rose 0.3 percent to […]
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Asian stocks advanced on Thursday after the U.S. Federal Reserve reaffirmed its commitment to easy monetary policies, saying that tapering would require more economic recovery from the pandemic. Chinese shares rebounded after three days of declines as authorities stepped up efforts to calm frayed investor nerves after a market rout. The benchmark Shanghai Composite Index jumped 50.13 points, or 1.5 […]
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The bank has agreed to invest $50 million in Vera Whole Health, a Seattle-based start-up that is pioneering a new, subscription-type model for employee healthcare. Furthermore, JPMorgan will begin offering Vera's services to its employees during benefits enrollment season this fall, the companies said. JPMorgan will be one of the first large corporate employers to partner with Vera, providing a […]
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Jane Fonda explored running for California’s governor in this year’s recall election, according to a report in the San Francisco Chronicle, but ultimately decided to support Gavin Newsom, who is trying to retain his seat in the September 14 election. Fonda has spent much of her life active in politics and causes, but more recently has gained attention for leading […]
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Former President Barack Obama has scaled back plans for what was to be a 60th birthday bash at Martha’s Vineyard this weekend due to the rise in coronavirus cases. “This outdoor event was planned months ago in accordance with all public health guidelines and with covid safeguards in place,” Hannah Hankins, a spokesperson for the Obamas, said in a statement […]
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Fed Vice Chairman Richard Clarida said the central bank is likely to hit its economic targets by the end of next year and start raising rates again in 2023. Current market pricing has shifted in terms of rate expectations, with futures contracts tied to the Fed's benchmark rate now indicating just a 43.7% change of a hike by the end […]
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This story is part of CNBC Make It's One-Minute Money Hacks series, which provides easy, straightforward tips and tricks to help you understand your finances and take control of your money. If you're having difficulty controlling your spending, you might want to try zero-sum, or zero-based, budgeting. Popularized by You Need A Budget and financial experts like Dave Ramsey, this […]
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Cryptocurrencies like Bitcoin are 'apolitical' says financial expert We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Altcoins have ripped through the cryptocurrency market this year, disrupting the flow […]
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